Default Interest Rate. At any time during any Default Period, in the Lender's sole discretion and without waiving any of its other rights and remedies, the principal of the Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 51 contracts
Samples: Credit and Security Agreement (Rockshox Inc), Credit and Security Agreement (Seair Group Inc), Credit and Security Agreement (Rsi Systems Inc/Mn)
Default Interest Rate. At any time during any Default Period, in the Lender's ’s sole discretion and without waiving any of its other rights and remedies, the principal of the Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 8 contracts
Samples: And Security Agreement (Technology Flavors & Fragrances Inc), Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)
Default Interest Rate. At any time during any Default Period, in the Lender's sole discretion and without waiving any of its other rights and remedies, the principal of the Revolving Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 3 contracts
Samples: Credit and Security Agreement (Micro Component Technology Inc), Credit and Security Agreement (Dynamic Materials Corp), Credit and Security Agreement (Rf Monolithics Inc /De/)
Default Interest Rate. At any time during any Default Period, --------------------- in the Lender's sole discretion and without waiving any of its other rights and remedies, the principal of the Advances Obligations outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 1 contract
Default Interest Rate. At any time during any Default Period, in the Lender's ’s sole discretion and without waiving any of its other rights and remedies, the principal of the Revolving Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 1 contract
Samples: Credit and Security Agreement (Rf Monolithics Inc /De/)
Default Interest Rate. At any time during any Default Period, in the Lender's sole discretion and without waiving any of its other rights and remedies, the principal of the Advances outstanding from time to time shall bear interest at the Default Rate, compounded monthly, effective for any periods from time to time designated by the Lender from time to time during that Default Period.
Appears in 1 contract
Default Interest Rate. At any time during any Default Period, in the Lender's ’s sole discretion and without waiving any of its other rights and remedies, the Lender from time to time, the principal of the Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Period.
Appears in 1 contract
Samples: Credit and Security Agreement (Smtek International Inc)
Default Interest Rate. At any time following the occurrence and during any Default Periodthe continuance of an Event of Default, in the Lender's ’s sole discretion and without waiving any of its other rights and remedies, the principal of the Advances outstanding from time to time shall bear interest at the Default Rate, effective for any periods designated by the Lender from time to time during that Default Periodthe existence of such Event of Default.
Appears in 1 contract
Samples: Credit and Security Agreement (Winland Electronics Inc)
